A group of 50 alumni from the prestigious Indian Institutes of Technology (IITs) across the country have quit their jobs to form a political party to fight for the rights of Scheduled Castes, Scheduled Tribes and Other Backward Classes.

The group, which is waiting for an approval from the Election Commission, has named their outfit "Bahujan Azad Party".

"We are a bunch of 50 people, all from different IITs, who have quit our full-time jobs to work for the party. We have applied to the Election Commission for an approval and are meanwhile doing ground work," Naveen Kumar, a 2015 IIT Delhi graduate, who is leading the group, told PTI.

The party members, however, do not wish to jump the gun and aim for the 2019 Lok Sabha elections.

"We do not wish to do a hurried job and end up being reduced to just one of those small political outfits with big ambitions. We will begin with contesting the 2020 Bihar assembly elections and then aim for the next Lok sabha polls," Kumar said.

The party want to begin with contesting the 2020 Bihar Assembly elections and then aim for the next Lok sabha polls.The most of the members of the party belongs to SC, ST and other backward category (OBC). The party believes that the backward classes have not received their due in terms of education and employment.

The outfit does not have any political backing but some prominent groups are supporting them. They are currently looking to build confidence in the minds of people.Poster of the Bahujan Azad Party has been released. The poster has pictures of B R Ambedkar, Subhas Chandra Bose and A P J Abdul Kalam. The IITians have already started a social media campaign.